Ningbo Cixing Co.,Ltd.’s Net Profit Rose 5% in 2022

Ningbo Cixing Co.,Ltd. (宁波慈星股份有限公司) (300307.SZ) reported a net profit of 77.1 million yuan in 2022, up 5% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 10.8% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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